Company type | Julkinen osakeyhtiö |
---|---|
Nasdaq Helsinki: EXL1V | |
Founded | 1960 |
Founder | Yrjö Aho |
Headquarters | , |
Area served | Worldwide |
Key people | Paul Sohlberg (CEO)[1] |
Products |
|
Revenue | €103.8million (2019)[2] |
€5.1million (2019)[2] | |
Number of employees | 648 (2019)[2] |
Website | www.exelcomposites.com |
Exel Composites Oyj (formerly known as Exel Oyj) is a Finnish technology company that designs, manufactures and markets composite profiles and tubes for industrial applications.[3] Exel was founded in 1960 by Yrjö Aho.[4]
The name Exel came from a combination of the words explosive electronics,[4] with the company initially producing electric blasting caps [4] The company later moved onto production of sports equipment, with a focus on ski poles, before diversifying into a wider range of composite products.[3][5]
In 2019, Exel has production plants in Finland (Joensuu and Mäntyharju), Austria (Kapfenberg), Great Britain (Runcorn), Belgium (Audenarde), the USA (Erlanger) and China (Nanjing).